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National Bank and the members of its decision-making bodies shall be independent in exercising the tasks conferred upon them by law, and shall neither seek nor take instructions from public authorities or from any other authority.

In order to ensure and maintain price stability over the medium term, the National Bank’s aim will be to keep inflation (measured by Consumer Price Index) at the level of 5.0 percent annually with a possible deviation of ± 1.5 percentage points, considered to be optimal for growth and development of Moldova's economy over the medium-term.

National Bank shall have the exclusive right to issue on the territory of the Republic of Moldova banknotes and coins as legal tender, as well as commemorative and jubilee banknotes and coins as legal tender and for numismatic purposes.

National Bank of Moldova acts as banker and fiscal agent of the State and shall receive from state bodies economic and financial information and documents, which are necessary for carrying out its tasks.

National Bank shall inform the public on the monetary policy strategy on the results of the macroeconomic analysis, the evolution of the financial market and on statistics, including with regard to monetary supply, crediting, balance of payments and the state of the foreign exchange market.

The Executive Board of the National Bank of Moldova (the NBM) has decided to impose penalties under the form of a fine to the members of the Board of Directors of B.C. “VICTORIABANK” S.A. holding office during the period subject to control.

The Executive Board of the NBM decided to sanction with fines a direct and indirect holder of a qualifying holding in the share capital of BC „Victoriabank” S.A. for failure to submit information and documents required by the National Bank.

On 22.09.2016 and 23.09.2016, the National Bank confirmed Mr Andrei Cojocaru and Mr. and Ion Prisăcaru as members of the Board of B.C. "VICTORIABANK". Thus, the Board of B.C. "VICTORIABANK" S.A. is functional and can operate in normal regime.

The diagnostic studies have not detected risks for the financial stability of banks, but identified areas to be strengthened related to the corporate governance and internal control system, transparency of shareholders and affiliated persons and of the lending activity.